Ryt Bank Savings Account
What happens if my initial deposit transfer to activate my account fails?
When the initial deposit transfer to activate your account fails, the transaction should fail immediately on your initiating bank’s side. You will receive a notification from us, informing you that the transfer was unsuccessful. In most cases, the ...
What if I do not have a bank account with another bank to fund from?
We understand your concern. To help keep your account secure and prevent misuse, you will need to have an existing current or savings account in your name at another bank to activate your Ryt Bank Savings Account.
Can I apply for a Ryt Bank Savings Account on behalf of my family or friends?
No, each person must apply for their own Ryt Bank Savings Account. For security and verification reasons, we don’t allow applications on behalf of others.
What are the benefits of the Ryt Bank Savings Account?
Enjoy the following benefits with your Ryt Bank Savings Account: • Earn daily interest on your balance in both your Main Account and Save Pockets. • No fees, no minimum balance. • Simplify your savings by using the Main Account for everyday ...
How do I open a Ryt Bank Savings Account?
You can apply for the Ryt Bank Savings Account via the Ryt Bank mobile banking app. Simply download the mobile banking app and tap on “Get started” to initiate the opening of the Ryt Bank Savings Account.
Can I apply for a joint Savings Account?
We only offer an individual Savings Account for now. Do stay tuned with us for future updates and enhancements.
Is there a maximum amount I can deposit into my Ryt Bank Savings Account?
There is no cap on the amount you can deposit into your Ryt Bank Savings Account currently. However, we may impose a maximum amount which can be maintained in the Ryt Bank Savings Account in the future. Any changes made to the fees and charges will ...
What is the minimum amount required to maintain a Ryt Bank Savings Account?
There is no minimum amount required to maintain your Ryt Bank Savings Account. However, we do encourage you to maintain some balances to enjoy our attractive interest rates!
How many Ryt Bank Savings Account can I open with Ryt Bank?
You may only open and maintain one Ryt Bank Savings Account with Ryt Bank at any one time.
What is a Ryt Bank Savings Account?
Your Ryt Bank Savings Account consists of a Main Account and up to ten (10) Save Pockets: • Main Account – A savings account designed to meet your daily transaction needs, allowing both credit and debit transactions. • Save Pocket - A sub-account to ...